Third Party Risk Manager

Welcome to McKinsey & Company, a leading global management consulting firm. We are currently seeking a highly skilled and motivated Third Party Risk Manager to join our growing team. As a Third Party Risk Manager, you will play a crucial role in managing and mitigating risks associated with our third party relationships. Your expertise will be instrumental in ensuring that McKinsey & Company maintains its reputation for excellence and integrity. If you have a strong background in risk management and a passion for driving impactful change, we invite you to apply for this exciting opportunity.

1. Develop and implement a comprehensive third party risk management framework to identify, assess, and monitor risks associated with our third party relationships.
2. Conduct thorough due diligence on potential third party vendors and suppliers to ensure they meet McKinsey & Company's standards for risk mitigation.
3. Regularly review and update existing third party risk policies and procedures to align with industry best practices and regulatory requirements.
4. Collaborate with internal stakeholders, such as legal, procurement, and finance, to establish and maintain effective third party risk management processes.
5. Monitor and assess changes in the risk landscape and proactively identify and address potential risks that could impact McKinsey & Company's operations.
6. Develop and deliver training and educational programs to increase awareness and understanding of third party risk management across the organization.
7. Conduct risk assessments and audits of third party vendors and suppliers to ensure compliance with established risk management policies and procedures.
8. Serve as the main point of contact for all third party risk-related inquiries and escalations, and provide expert guidance and recommendations to address any issues.
9. Prepare and present regular reports to senior management on the status of third party risk management activities and any identified risks.
10. Continuously monitor and evaluate the effectiveness of the third party risk management program and make recommendations for enhancements or improvements as needed.

According to JobzMall, the average salary range for a Third Party Risk Manager in Denver, CO, USA is between $90,000 to $130,000 per year. This salary range may vary depending on factors such as the specific industry, company size, and the candidate's level of experience and qualifications.

McKinsey & Company is an American worldwide management consulting firm. McKinsey publishes the McKinsey Quarterly since 1964, funds the McKinsey Global Institute research organization, publishes reports on management topics, and has authored influential books on management.